HuffPost Live, the live streaming component of The Huffington Post, will no longer maintain its current programming schedule in a directional shift — including layoffs — that will merge all of the company’s video operations into a single team.

According to Politico, the company is refocusing on shareable and long-form video content, marking the end of HuffPost Live in its existing format. A memo was sent to employees Friday morning, wherein founder Arianna Huffington and CEO Jared Grusd said HuffPost Live, HuffPost News, HuffPost Originals and HuffPost Rise will consolidate into a single unit.

“The changes we’re making will position us to be the dominant global media company in video in this ever-changing media environment,” the memo said.

“As well as shifting resources toward building out the most engaging and shareable video unit in the business, we’ll invest in long-form documentaries and original series based on HuffPost’s core editorial pillars of What’s Working and wellness,” it continued. “And building on the momentum of our recent Facebook sprint, we’ll continue to be laser-focused on creating shareable video.”

Sources told Politico that the shift in resources also included layoffs in the video departments on Friday morning, which followed layoffs of several editors and writers on the editorial side of Huffington Post over the past several weeks.

“As part of the pivot, HuffPost Live will no longer broadcast eight hours a day, but will go live for major news events and headline-making celebrity interviews that it has become known for,” a spokesperson for The Huffington Post told TheWrap.

Huffington Post operates under the dominion of AOL, which was acquired by Verizon last year. HuffPost Live was launched in 2012. Last month, HuffPost Live co-creator Roy Sekoff announced he would be leaving the company.

The values of community and engagement have driven HuffPost from Day 1. But the universe of platforms where people engage with video is expanding exponentially. The changes we’re making will position us to be the dominant global media company in video in this ever-changing media environment. They will allow us to create video tailor-made for various platforms, whether it’s Facebook, Snapchat, Twitter, YouTube, or whatever may come next — all while continuing to innovate and invest in our own platforms, including the new contributor platform technology we’ll be launching that will take us from 100,000 to one million bloggers.

When we launched HuffPost Live three and a half years ago, our pioneering technology allowed us to create the most social video experience possible — 32,000 guests from more than 100 countries, yielding 3 billion views so far. There was nothing else like it. And there’s still nothing else like it. HuffPost Live has established itself as an essential stop on book and movie tours, attracting newsmakers and creating Internet moments (Caroline Modarressy-Tehrani’s recent interview with R. Kelly is a perfect example). With these interviews now featured on the HuffPost homepage in addition to the HuffPost Live site, we’ll continue the incredible live experience we’re known for.

The way the world consumes video has changed dramatically, and we’re changing along with it to deliver video as efficiently as possible. Instead of creating shareable videos by doing 8 hours of live video every day, we will be creating videos to be shared directly on an ever-growing range of platforms. And we’ll go live when warranted, for big political and cultural events, and newsmaker and celebrity interviews. We’ll also create these live viewing experiences while leveraging platforms like Facebook Live, Periscope, and YouNow.

As well as shifting resources toward building out the most engaging and shareable video unit in the business, we’ll invest in long-form documentaries and original series based on HuffPost’s core editorial pillars of What’s Working and wellness. And building on the momentum of our recent Facebook sprint, we’ll continue to be laser-focused on creating shareable video like 48 Things Women Hear In A Lifetime that generated over 30 million views. Our goal is to produce videos that are not only entertaining but also add value to people’s lives. And we’ll do that by doubling down on two of our editorial priorities — covering solutions to the biggest problems of our time, and exploring ways to live our lives with less stress and more fulfillment.

Our third pillar, covering news and politics, is a foundational part of HuffPost’s editorial DNA. What will be different in covering the 2016 election is that this will be a campaign dominated by video viewed largely on social platforms. We plan to go all in on this approach, comprehensively covering the election in a way that’s focused on enhancing the conversation through shareable video. And that includes ramping up our commitment to 2016-related video, including original series like “New Hampshire.”

In the coming months, we’ll be announcing several series and franchises built for off-platform consumption. We have seen tremendous success with our series to date, including “16 & President” and “Now What with Ryan Duffy,” and look forward to new original series, including “Talk To Me,” launching this spring.

One of our youngest and most promising HuffPost babies, HuffPost Rise, our new morning show, has had anamazingstart. It will continue to grow as we reimagine the morning show around solutions and stories that help us live our lives with less burnout and more creativity and happiness. Indeed, starting Monday, all video coverage on wellness, lifestyle and What’s Working will be produced out of HuffPost Rise. And we look forward to continuing to explore the incredible possibilities of virtual reality, as we’ve done in partnership with RYOT around Syrian refugees in Greece.

And all of this video expansion will be led by our stellar team of Liz Heron, Danny Shea, Cindy Vanegas, Megan Robertson, and David Flumenbaum.

As we bring our video teams together into a unified enterprise, we have another announcement: we are ending the fourth/fifth floor division in our New York headquarters, integrating all of our teams in a way that will lead to even closer collaborations. We’re moving several editorial departments to the fourth floor, and much of video production to the fifth floor.

Finally, we are delighted to announce that Lauren Moraski will be joining us from CBS as our Editorial Director for Entertainment, where we plan to grow our video programming exponentially in 2016.

We talk often about the need to stay nimble, to adapt, to iterate, to evolve, and to keep disrupting ourselves in our fast-changing media environment. The changes we’re making around video are a reflection of that need and of our commitment to building the dominant global media brand of the 21st century. Please join us Monday for an all-hands meeting at 11 a.m. in Roebling on the 6th floor, where we can go deeper on all these decisions, and answer any questions you have. More information for our offices around the world will follow shortly. Thank you for everything and looking forward to a great 2016.